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SoftBank Group Corp (SFTBF.PK)

SFTBF.PK on OTC Markets Group

21 Feb 2017
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$1.26 (+1.65%)
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Latest Key Developments (Source: Significant Developments)

Japan Communications says Softbank agrees to lease phone lines for budget smartphone services-Nikkei
Wednesday, 1 Feb 2017 04:35pm EST 

Nikkei:Japan Communications says Softbank agrees to lease co phone lines for budget smartphone services.  Full Article

ITmedia to buy back 500,000 shares for 300 mln yen
Tuesday, 31 Jan 2017 09:29pm EST 

ITmedia Inc <2148.T>: Says it plans to buy back 500,000 shares(2.5 percent stake) for 300 million yen .Says the repurchase period from Feb. 1 to March 31.  Full Article

U.S. President elect Donald Trump says SoftBank to invest $50 bln in U.S.- tweet
Tuesday, 6 Dec 2016 02:00pm EST 

: U.S. President elect Donald Trump says SoftBank of Japan has agreed to invest $50 billion in the U.S. toward businesses and 50,000 new jobs- tweet ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Abu Dhabi investor Mubadala said to weigh investing billions in Softbank tech fund- Bloomberg,citing sources
Tuesday, 1 Nov 2016 01:53pm EDT 

: Abu Dhabi investor Mubadala Development Co said to weigh investing billions in Softbank tech fund- Bloomberg,citing sources . Japan's Softbank is also in talks with european and north american investors- Bloomberg,citing sources Source http://bloom.bg/2eRhjlO ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Sprint posts 2nd-qtr loss per share of $0.04
Tuesday, 25 Oct 2016 07:30am EDT 

Sprint Corp : Q2 loss per share $0.04 . Q2 revenue $8.25 billion versus i/b/e/s view $8.03 billion . Q2 earnings per share view $-0.07 -- Thomson Reuters I/B/E/S . Raising FY 2016 guidance for operating income to $1.2 billion to $1.7 billion from previous expectation of $1 billion to $1.5 billion . Sees FY 2016 cash capital expenditures, excluding devices leased through indirect channels, to be less than $3 billion . Says it continues to expect FY 2016 adjusted EBITDA of $9.5 billion to $10 billion . Q2 postpaid phone net additions of 347,000 doubled from the prior quarter . Q2 total retail postpaid churn of 1.52 percent versus 1.54 percent . Q2 total retail prepaid churn of 5.63 percent versus 5.06 percent . Total Sprint platform end of period connections at Q2-end 60,193 million versus 59,453 million at Q1-end . Q2 Sprint platform prepaid net losses of 427,000 versus prepaid net losses of 188,000 . Q2 Sprint platform postpaid arpu $50.54 versus $53.99 .Q2 Sprint platform prepaid arpu $27.31 versus $27.66.  Full Article

Tencent Holdings said to sign $3.5 bln Supercell acquisition loan - Bloomberg
Friday, 14 Oct 2016 12:06am EDT 

:Tencent Holdings is signing a $3.5 billion loan to back purchase of a majority stake in supercell oy from softbank group corp - Bloomberg, citing sources.  Full Article

Grab says Ming Maa joins company as president
Thursday, 13 Oct 2016 08:32pm EDT 

Grab : announced that Ming Maa has joined the company as president, based in Singapore . Ming joins Grab from Softbank Group Corp ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

SoftBank Group to retire treasury shares
Friday, 7 Oct 2016 02:22am EDT 

SoftBank Group Corp <9984.T>: Says it to retire 100,000,000 shares (8.33 percent stake) of its common stock on Oct. 31 .Says the total shares outstanding will be 1,100,660,365 shares after the retirement.  Full Article

Trikomsel issues statement from Trikomsel Noteholder Steering Committee
Wednesday, 5 Oct 2016 01:21am EDT 

Trikomsel: Issues statement from Trikomsel Noteholder Steering Committee . Trikomsel Noteholder Steering Committee - Unsecured and secured creditors have agreed to convert a significant amount of existing debt into equity of co . Trikomsel Noteholder Steering Committee - Under composition plan ratified by court, all SGD notes will be exchanged for 25% of restructured co’s fully diluted equity . Trikomsel Noteholder Steering Committee - Proposed that 25% equity stake allocated to noteholders be held in a Singapore law governed trust arrangement . Trikomsel Noteholder Steering Committee - Understands that co continues to be a going concern . Trikomsel Noteholder Steering Committee - Also notes significant dilution of original shareholders under plan, including stakes previously held by Polaris Ltd and Softbank .Trikomsel Noteholder Steering Committee - Understands that co currently unable to make payment on its secured and unsecured liabilities, including SGD notes.  Full Article

Sprint patents ruled as valid in litigation with Cox Communications
Friday, 23 Sep 2016 10:22am EDT 

: Patents are not valid in litigation with cox communications inc [coxc.ul] - decision . u.s. Court of appeals for the federal circuit reverses delaware court that had ruled the patents were indefinite . Lawsuit relates to cox complaint in delaware federal court that the sprint patents are invalid and not infringed . Over ip technology.  Full Article

More From Around the Web


SoftBank shares up; sources say company willing to cede control of Sprint

TOKYO Shares in SoftBank Group Corp rose nearly 3 percent in morning trade on Monday after a Reuters report that the Japanese company is prepared to cede control of Sprint Corp to T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers.